The Keystone device, previously referred to by the name of Cobo Wallet, is a hardware wallet that is gaining popularity with institutions and individuals seeking secure ways to store their cryptocurrencies. The company was established on the 17th of January 2017 with the help of Discus Fish and Changhao Jiang, Keystone offers a range of products that are focused on security, reliability, and convenience for its customers.
One of the main advantages that is unique to the Keystone device is the air-gapped feature which means it doesn’t need for an online device. This added layer of security guarantees that the funds are safe from online threats, such as hacking or phishing. It is also open source, which means that the code is publicly available for review and scrutiny which further enhances its security. Furthermore, the device can support multiple cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, EOS, Litecoin, Polkadot, Tether and Tron and various ETH, TRON, and EOS digital tokens.
The Keystone product is simple to use, with a large display screen that allows users to easily view all assets. The device’s hardware is also more durable than its rivals, meaning that it lasts for a long time. Additionally, the device has a detachable battery pack and this means it can be replaced if it is exhausted. The device also has an elegant and user-friendly interface that is suitable for users of any level of experience.
The process of setting up keystone Keystone device is easy. First, the device is turned on, and then the QR code is scan using the camera of the device via the Keystone website to authenticate the device. Then, a password is established and the terms of service are agreed to. After this, the 24-word seed phrase is copied onto the booklet of seed phrases or a non-digital material. The seed phrase is vital to the device’s security, therefore it is crucial to ensure it’s secure and not taken as by taking a picture or copied onto a computer or smartphone.
Additionally, the device is paired with the Keystone application available in the Apple App store or Google Play store. This app acts as an interface that allows users to approve and verify transactions, however it is important to note that the device itself does not have internet connectivity. This extra layer of security ensures that the funds are safe even if your smartphone is compromised.
In conclusion we can say that Keystone is a great choice for storing Bitcoin. Keystone device is a secure and reliable hardware wallet that offers an easy-to-use , air-gapped feature. It supports a variety of cryptocurrencies and an open-source firmware and an easy-to-use interface, it is a great option for individuals and institutions looking to keep your Bitcoin offline. Its focus on security as well as reliability and ease of use as well as its one-stop shop for everything crypto that supports 9 different coins as well as 700 tokens and providing the ability to access an inbuilt DApp store, makes it a top-notch option for anyone who is who is looking to purchase hardware wallets.